Ho Chi Minh City Faces Heatwave During National Holiday

Key pointsOn August 27, 2026, Ho Chi Minh City is experiencing strong sunlight and very humid weather. The forecast during the National Holiday predicts extreme heat of 34-35 degrees Celsius in the city center. Special caution is advised for tourism activities at sea.
Business impactJapanese companies need to review employee health management and business plans during the holiday. Particularly for outdoor activities, safety measures based on weather information are required.

Key pointsMirae Asset Vietnam's after-tax profit for the first half of 2026 reached 153 billion VND, a 91% increase compared to the same period last year. However, the cumulative loss has reached 226 billion VND, indicating ongoing challenges.
Business impactJapanese companies should pay attention to Mirae Asset's performance improvement and monitor trends in the financial services industry. In particular, they should consider the impact of loss reduction on future investment strategies.

Key pointsVietnam's first airline named after an island, Sun Phu Quoc Airlines, will commence commercial operations in November 2025. The airline plans to establish a network connecting major cities domestically and internationally to develop Phu Quoc as an international tourist destination, with plans to expand international routes by 2026. It aims to have 100 aircraft by 2030 and 200 by 2035, including an order for 40 Boeing 787-9s targeting direct flights to Europe and Australia.
Business impactThe emergence of this new airline presents new business opportunities for Japanese companies in tourism and logistics. In particular, businesses based in Phu Quoc can expect to expand their customer base due to improved international access.

Key pointsBamboo Airways announced a reduction in its fleet from eight aircraft at the beginning of the year to just one. The only aircraft currently in operation is a 13.5-year-old Airbus A321-200. The airline previously owned 44 aircraft, but legal issues faced by the founder and failed restructuring efforts have led to this decline. Recent data shows that in June, the airline operated 725 flights, with 241 of them delayed, indicating a decrease in operational reliability. Bamboo Airways has sent apology letters to customers, indicating potential delays in refund processing.
Business impactThis situation may impact Japanese companies dealing with Bamboo Airways, as the decline in operational reliability and delays in customer service could affect their operations. Particularly in logistics and travel-related businesses, there may be a need to consider alternative options.

Key pointsOn August 27, 2026, the infrastructure development project within the Free Trade Zone (EAGLE FTZ) officially commenced in the Hai Van area of Da Nang City. Led by Saigon-Da Nang Investment Company, the project aims to promote investment in priority industries such as logistics and high-tech manufacturing on a 75-hectare site. The project is being developed according to international standards, aiming for sustainable infrastructure that complies with ESG criteria.
Business impactThe progress of this project may expand investment opportunities for Japanese companies in Da Nang. In particular, companies in the high-tech and logistics sectors should closely monitor future developments.